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ichi.farmichi.farmby0x11111D16485aa71D2f2BfFBD294DCACbaE79c1d40x1111…c1d4

Consolidate ICHI Liquidity

Voting ended about 5 years agoFailed

Proposal is to:

  1. Create a new ICHI-ETH pool on Sushiswap
  2. Set rewards for the new ICHI-ETH pool to 50% of the total
  3. Split remaining 50% of total rewards between stablecoin pools Rationale:
  4. Sunset all existing ICHI pools (ICHI-ETH, oneETH-ICHI, ICHI-oneBTC, ICHI-ETH Uniswap)

Having liquidity fragmented between 4 pools is counter-productive, and joining them is the obvious solution. The choice of Sushiswap is because they are innovating at a much faster pace than Uniswap thanks to their merger with Yearn, and in order to get ICHI-ETH added to their Onsen program for extra rewards.

Off-Chain Vote

Yes - consolidate liquidity by taking the 4 steps above
0 0%
No - keep the current approach
0 0%
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Timeline

Dec 08, 2020Proposal created
Dec 09, 2020Proposal vote started
Dec 11, 2020Proposal vote ended
Oct 26, 2023Proposal updated